Four individuals from credit unions were prohibited in October from participating in affairs of any federally insured financial institution, the federal regulator of credit unions said Wednesday. In a release, the National Credit Union Administration […]
Updated standards for financial firms to use in measuring counterparty credit risk posed by derivative contracts under regulatory capital rules were proposed by the three federal banking agencies Tuesday. According to the agencies, the proposed […]
A compliance guide for small-entity compliance with the Home Mortgage Disclosure Act (HMDA) was updated for changes due to this year’s regulatory relief law and issued Tuesday by the Bureau of Consumer Financial Protection (BCFP, […]
As many as 13 deregulatory actions by federal financial institution regulators – including five by the credit union regulator – have been adopted or are in progress during the administration of President Donald Trump, according […]
A closed meeting of the Federal Reserve Board is slated for 10:15 a.m. ET Thursday. The board is “tentatively” scheduled to consider a review of board publications related to financial markets. The board had been […]
A revised template for company-run stress tests by national banks and federal savings associations with consolidated assets of $100 billion or more, reflecting an asset threshold provision of this year’s regulatory relief law, is under […]
A proposal to remove a requirement for certain banks that they prepare and make publicly available annual disclosure statements of financial data is the topic of a financial institution letter (FIL) issued Tuesday by the […]
No action was taken on advance and discount rates to be paid by Federal Reserve Banks during Monday’s open Fed Board meeting due to the loss of a quorum, the agency said in a website […]
Banks’ “affirmative obligation” to serve local communities in which they do business is as powerful today as it was more than 40 years ago when anti-redlining laws were adopted, the former chairman of the federal […]
When the federal consumer financial protection agency announced Friday that it would issue a proposal to ‘reconsider’ its payday lending regulation, it signaled yet a new chapter for a final rule that was issued more […]
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